Scams

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Australians are facing the perfect storm for increased financial insecurity in the next 12 months, making them vulnerable to dodgy insolvency advice. On the back of a tough few years of fire, drought, flood and the pandemic, rising interest rates and cost of living pressures mean that more Australians may struggle to pay their bills…

Read More Worried about debt? Talk to your bank or creditors and avoid dodgy advice, warns AFSA

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Scamwatch is urging the public to be wary of phone messages from a family member or friend claiming they need help, following a significant rise in “Hi Mum” scams in recent months. This is a media release from the Australian Competition & Consumer Commission (ACCC). It was originally published on 23rd August, 2022. More than 1,150 Australians fell…

Read More ACCC warning of suspicious messages as “Hi Mum” scams spike

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Former Consumers’ Federation of Australia chairperson, and long-time consumer rights advocate Catriona Lowe has been nominated as Deputy Chairperson of the Australian Competition and Consumer Commission (ACCC). This was written with information taken from a Government News post published on 14th July, 2022. Ms Lowe is due to take up the role on 27 January 2023.…

Read More Catriona Lowe nominated as ACCC deputy chair

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Australians are facing the perfect storm for increased financial insecurity in the next 12 months, making them vulnerable to dodgy insolvency advice. On the back of a tough few years of fire, drought, flood and the pandemic, rising interest rates and cost of living pressures mean that more Australians may struggle to pay their bills…

Read More Worried about debt? Talk to your bank or creditors and avoid dodgy advice, warns AFSA

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Consumer Action is calling for meaningful protections from scams to apply to businesses operating in the crypto sector. This is a media release from Consumer Action Law Centre. It was originally published on 30th May, 2022.  The call comes in a submission to the Treasury’s consultation paper Crypto asset secondary service providers: Licensing and custody requirements, in which Treasury proposes…

Read More Crypto: As risky as gambling and a haven for scams that demands action

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Consumer group CHOICE has released new data from a nationally representative survey of consumers that shows more than 1 in 9 Australians (12%) have purchased crypto such as Bitcoin or Ethereum in the past 12 months. This is a media release from CHOICE. It was originally published on 31st May, 2022. Read a longer CHOICE article on cryptocurrency.…

Read More “Volatile, complex and high-risk”: CHOICE calls for stronger crypto consumer protections

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The Consumers’ Federation of Australia (CFA) has launched its Consumer Policy Agenda 2022. CFA is calling for new consumer policy reforms to be urgently implemented to put consumers in the economy recovery. Competition in key markets is flailing, consumer protections are falling behind best practice, and our institutional arrangements for consumer protection are not supporting…

Read More Consumer Policy Agenda 2022 launched ahead of Federal Election

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Scamwatch is urging people to watch out for dating and romance scams after Australians reported losing a record $56 million last year, an increase of 44 per cent. This is a media release from the Australian Competition & Consumer Commission (ACCC). It was originally published on 14th February, 2022. Over 3,400 reports were received about dating and romance…

Read More Learn how to spot a romance scammer this Valentine’s Day

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Treasurer Josh Frydenberg’s announcement today that the Government intends to reform Australia’s payment systems is a real opportunity to improve consumer protection, according to Consumer Action Law Centre. This is a media release from the Consumer Action Law Centre. It was originally published on 8th December, 2021. “Today’s announcement foreshadows consultation on regulatory arrangements for Buy Now Pay Later (BNPL)…

Read More Tougher consumer protections at core of payments reform welcomed

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More than 350 partners across government, private and community organisations have joined the fight against scams in this year’s national Scams Awareness Week (8-12 November) under the theme “let’s talk scams”. This is a media release from the Australian Competition & Consumer Commission (ACCC). It was originally published on 8th November, 2021. “The more we talk about scams, the more awareness we…

Read More ‘Stop scams. Speak up’ – Scams Awareness Week 2021

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Australia’s telecommunications sector has published a strengthened Industry Code to better protect customers from attempted fraudulent transactions. This is a media release from Communications Alliance. It was originally published on 13th October, 2021. The Communications Alliance code – C666:2021 Existing Customer Authentication – provides an improved framework to authenticate the identity of customers making transactions involving their telecommunications…

Read More New Telco Industry Code Fights Customer Transaction Fraud

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Ticket scalping will be illegal in Western Australia after legislation introduced by the McGowan Government passed State Parliament, delivering on an election commitment. This is an announcement from the Government of Western Australia, Department of Mines, Industry Regulation and Safety. It was originally published on 8th September, 2021. The tough new measures will be in place…

Read More Just the ticket – tough new laws to stamp out scalping